Auditor19 May 2026, 12:35 pm
Yash Chemex: S. L. Patel & Co Resigns, TRS & Associates Appointed
AI Summary
Yash Chemex Ltd's board meeting on May 19, 2026, addressed the resignation of Statutory Auditors, M/s S. L. Patel & Co, due to old age and medical reasons, effective immediately. Consequently, M/s TRS & Associates, Chartered Accountants, has been appointed as the new Statutory Auditors to fill the casual vacancy, subject to shareholder approval. The appointment of M/s TRS & Associates is effective from May 19, 2026, to conduct the Statutory Audit for the financial year ended March 31, 2026. The board meeting commenced at 11:30 AM IST and concluded at 12:15 PM IST.
Key Highlights
- S. L. Patel & Co resigns as Statutory Auditors of Yash Chemex, effective May 19, 2026.
- Resignation due to old age, medical reasons, and expired Peer Review Certificate.
- TRS & Associates appointed as Statutory Auditors, subject to shareholder approval.
- TRS & Associates appointment effective May 19, 2026, for FY26 audit.
- Board meeting held on May 19, 2026, from 11:30 AM to 12:15 PM IST.
Price Impact
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